Ethereum Classic Price Technical Analysis – Sell Targets Achieved
Ethereum classic price declined further versus Bitcoin and traded as low as 0.00208BTC where somehow buyers managed to protect losses. Key Highlights. Ethereum classic price moved down against Bitcoin and my idea of selling worked well. There is now a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently acting as a resistance. There are chances of more declines in ETC as long as it is below the trend line. Ethereum Classic Price Decline. Ethereum classic price failed to gain momentum this past week against Bitcoin and declined. I was looking....
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Ethereum classic price dived down versus Bitcoin and tested the final sell target of 0.0020BTC as forecasted in yesterday’s post. Key Highlights. Ethereum classic price continued to move down against Bitcoin and tested the 0.0020BTC level as forecasted. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a resistance and pushed the price down. The final sell target in ETC/BTC was achieved, and I think it’s time to stay away for the next move. Ethereum Classic Price Losses. Ethereum classic price weakened further during the past 24....
Ethereum classic price declined further against Bitcoin and my view of selling rallies and a test of 0.0020BTC did well. Key Highlights. Ethereum classic price traded further down versus Bitcoin and tested the 0.0020BTC level as forecasted. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for a downside push. The price remains at a risk of more declines since sellers seem to be in control at the moment. Ethereum Classic Price Decline. Ethereum classic price failure to move higher versus Bitcoin continued, as the....
Ethereum classic price declined further versus bitcoin and my idea to remain bearish on ETC versus BTC continue to play well. Key Highlights. Ethereum classic price traded further lower against Bitcoin, and formed a new low below 0.0028BTC. This week’s long followed bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a barrier and pushed ETC down. My final target hit recently, but I think there are chances of more losses in the near term. Ethereum Classic Price to Weaken Further? Ethereum classic price failed to trade higher against Bitcoin, as the upside....
Ethereum classic price faced a lot of sellers during the past few hours, and my view of staying bearish on ETC/BTC played well. Key Highlights. Ethereum classic price moved down against the US Dollar just as I anticipated yesterday. Yesterday’s bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) played well and pushed the price down. The price is currently struggling and looks set for more losses in the near term. Ethereum Classic Price Trend Line Resistance. Ethereum classic price stayed in a bearish territory against the US Dollar, and moved down. The price traded....
Ethereum price tumbled recently, and traded towards $8.00. It was a perfect sell, and it looks like the bulls may be exhausted. Ethereum price ETH was down and out, as there was a sharp downside move towards the $8.00 support area. I mentioned in my previous analysis that there is a chance of a decline in ETH/USD due to the technical indicators. It was a perfect sell, and the final target of $8.0 was achieved. There was a bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD, which acted as a perfect catalyst for a decline. The price traded below $8.0, and a new low of....